Reviewing The Case For Roblox Corporation (RBLX) Going Higher

The Vanguard Group, Inc. recently announced the acquisition of new stake in Roblox Corporation (NYSE:RBLX). The institutional investor has increased its shareholding in the Communication Services company by 29.72% to 43.58 million shares with purchase of 9.99 million shares. This fresh investment now brings its stake to 7.60% valued currently at $1.71 billion. In addition, […]

Roblox Corporation (RBLX) Testing Investors’ Patience Right Now

Currently, there are 553.34M common shares owned by the public and among those 466.20M shares have been available to trade. Insiders at the company have transacted a total of 213 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 61 of these insider trades were purchases, […]